Freehold Shophouse Sims Avenue Sale 39 Mil G Subbed Two Storey Freehold Shophouse 157 Sims Avenue

Novo Place EC is conveniently situated within close proximity to Shuqun Primary School, a renowned institution renowned for its commitment to providing a holistic education. The school’s core objective is to cultivate an enriching atmosphere that supports students’ intellectual, physical, and social growth. In addition to a diverse selection of Co-Curricular Activities (CCA), Shuqun Primary places great emphasis on character building, equipping students with essential life skills and values. Novo Place Hoi Hup perfectly complements the school’s philosophy by offering a well-rounded education for students.

A freehold shophouse at 157 Sims Avenue has been listed for sale. The two-storey building, situated in District 14, is being marketed for an expression of interest (EOI) exercise with a guide price of $3.9 million. The property spans a land area of 1,227 sq ft and is zoned “residential/institutional” with a gross plot ratio of 3.0. Reaching a built-up area of approximately 2,067 sq ft, the shophouse is priced at $1,886 psf.

According to marketing agents Richard Tan and Lisa Tan from PropNex Shophouse Elites, the shophouse is currently fully leased and will be sold with or without tenancy. The property’s prime location and attractive pricing is expected to attract numerous interested buyers and investors, says Richard.

The EOI exercise for 157 Sims Avenue will close on Feb 6, according to EdgeProp LandLens. This listing adds to the current market for shophouses, alongside other notable properties such as the freehold shophouse on Beach Road and the Neil Road shophouse that is being auctioned for $16.5 million. Additionally, a freehold commercial shophouse on Pagoda Street is also on the market for $21.28 million, with a Temple Street shophouse available for $20 million.